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Profitable Turnkey Owner Operated
Vending Business – Southwest MI

Locally owned and operated providing services to local business. Well established clients and routes creating a steady income stream for the seller, who now wants to retire. Making this a great opportunity for the next owner to step into this cash business. Known as an industry that rewards hard work, with an added bonus of an opportunity to acquire additional accounts if interested, time is limited. Inquire for more details.

 

The company offers vending, coffee and water products as well as dry goods for delivery. This is a great business for a husband-and-wife team or can be a great opportunity for someone that wants to take a profitable turkey operation and build it into a small cash flowing empire. The recent changes in the market from covid have created sort term disruption but opened up long-term grown opportunities for the mindful entrepreneur.

Listing ID:

MSMM-22015293-98

Location:

Southwest MI           

Type of Business:

Service: Vending Machines

Asking Price:

$135,000 (Plus Inventory)

Gross Revenue:

$252,807

Cash Flow:

$39,259

Inventory:

$25,000

FF&E:

$100,000 (Included)

Established:

1990

Employees:

1 FT / 2 PT (Owner works PT)

Facilities:

The business is operated from a centrally located 3,000 square foot commercial building with office space, open floor plan, and overhead door. It is available for lease or purchase.

Real Estate / Lease Terms:

Available for lease or purchase. Building is 6,000 square feet with 3,000 leased to a tenant in good standing that has made an investment in lease hold improvements and not likely to move.  The remaining space is utilized by the business. This would be in addition to the purchase of the business.

Growth Opportunity:

There is room to grow by adding expanding coffee and bottled water services.  Also, there is an immediate opportunity to pick up additional clients and routes for a new owner if interested but time is limited, inquire for more details.  Mini-markets and organic growth from new accounts. 

Competition:

The industry has seen a fair amount of consolidation resulting in a shrinking competitive base, and most of those are focused on large scale clientele, with very few competitors servicing small and medium sized businesses, which happens to be the largest market segment.

Support & Training:

Seller will provide training to help the purchaser take over providing a smooth transition while learning the business and its operating activities, gaining and understanding of the customers and vendor partners. Seller can be open to an extended employment or consulting arrangement for up to 1 year if needed.

Reason for Selling:

Seller wants to retire.

Broker Contact:

E. Brad Scoffin – Main Street Market Maker a division of Advanced Business Advisors, LLC

Direct: 269-903-8143

Fax: 248-564-5259

For more information, fill out the form below:

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The broker has made no investigation of the above information, prospective buyers must accept all due diligence responsibility. Above information is subject to change and/or correction and should not be considered binding.